Thursday, April 24, 2025

Tata Motors slips after reports it plans to import JLR luxury electric cars

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Tata Motors dipped nearly 1.90 per cent on BSE. The automobile firm has plans to import its Jaguar Land Rover (JLR) luxury electric cars under a new government policy.

Auto giant Tata Motors is planning to import its Jaguar Land Rover (JLR) luxury electric cars under the new government policy that lowers import taxes for companies agreeing to set up local manufacturing, citing two government sources.

This comes a month after Tata Motors urged New Delhi to extend incentives on electric taxis for another three years and to incorporate personal cars into the government’s main demand support programme, FAME. 

Covered By: Mobility India / Tata Motors

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